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The insurance will pay the policyholder either a lump sum or a monthly benefit to help support them to meet their cost of living.
Many customers are concerned about protecting their home and family and wouldn't be able to maintain their quality of life if they were unable to work.
Income Protection provides a set percentage of the customer’s gross monthly salary to help cover the cost of living and financial outgoings. The product can be tailored to provide up to 6 monthly payments in the event of:
Involuntary Unemployment
Accident
Sickness
Permanent Total Disability
Hospitalisation.
Protects your relationship with your customer
Helps to secure loyalty and adds brand value
Standalone product which can be successfully sold throughout the year
Good cross-sales and Incremental revenue opportunity
Easy to implement, we can handle the whole process for you
Easy to implement, we can handle the whole process for you.
Monthly payments help relieve the financial burden if your customer can’t work
Don’t have to worry about having inadequate income to meet the everyday cost of living
Makes life easier at a stressful time
Gives them breathing space to focus on finding a new job or getting better
The customer can choose the level of benefit that best suits their requirements
Helps safeguard their credit rating.